Rayven

What Rayven does

Rayven LLC is a US-based custom manufacturer of coated functional films, specialty tapes, and niche release liners, founded in 1954 in St. Paul, Minnesota by Gerry Ingalls. The company operates two Minnesota manufacturing facilities (St. Paul, the original site, and Owatonna, opened in 2010) plus a registered corporate address in Bolingbrook, Illinois, and runs three wide-web coating lines (54"-72") supporting thermal curing, UV curing, silicone release (solvent, water, and 100% solids chemistries), slot die, hot melt, gravure, and flexographic printing processes. Its product portfolio is anchored by release liners with release values from premium (10-50g) to extra tight (200-400g), Soft Touch Matte and Ultra-Soft Touch Matte films for flexible packaging, fiber reinforced finger lift tapes, bag handle reinforcement tapes, transfer tapes, and custom self-adhesive tapes. The company holds US Patent 9,539,797 (granted 2017) for a novel transfer tape construction.

Rayven sells on a custom, quote-based B2B model to industrial manufacturers across six primary end markets: flexible packaging (primary), building & construction, labels & laminations, electronics, graphics, and industrial tapes. Distribution is conducted through direct phone sales, website-driven quote requests, and toll/contract coating service arrangements. In December 2021, the company was acquired by Duraco Specialty Tapes LLC, an OpenGate Capital portfolio company, becoming part of the Duraco Specialty Materials family of companies, which has executed five add-on acquisitions since 2020 (Infinity Tapes, Filmquest, 3 Sigma, Rayven, Strata-Tac). Within Duraco, Rayven forms the coating and FlexPack technology center, contributing proprietary Soft Touch Matte films alongside Filmquest's PET film conversion platform. The company holds ISO 9001:2015 and SQF food safety certifications supporting access to food-contact packaging customers.

Name

Rayven

Legal name

Rayven LLC

Website

https://rayven.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

101–250 employees

Short description

Rayven LLC is a US-based custom manufacturer of release liners, pressure sensitive adhesive tapes, and Soft Touch Matte flexible packaging films, serving industrial B2B customers across packaging, construction, electronics, and labels end markets from two Minnesota coating facilities.

Ownership category

akta.pro rank

Product category

Specialty Coated Films, Tapes & Release Liners

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Paint and Coating Manufacturing (32551)

SIC

Coating, Engraving & Allied Services (3470), Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Label Stock, Inks, Coatings & Laminates (Materials Supply) (IMALAKAL)

akta.pro secondary industries

Flexible Packaging Printing & Decoration (Flexo, Gravure, Digital, Cold Foil) (IMALABAM), Printing Operations (Rotary/Flat/Digital/Sublimation) (IMAOACAC)

Keywords

• Coated functional films
• Release liners
• Pressure sensitive adhesives
• Flexible packaging films
• Custom coating services

Headquarters

HQ city

Saint Paul

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Custom Film and Tape Products: Manufacturing and selling custom flexible packaging films (Soft Touch Matte, Ultra-Soft Touch Matte), release liners, pressure sensitive adhesives, transfer tapes, fiber reinforced tapes, and bag handle reinforcement tapes. Revenue generated through product sales to industrial customers.
2. Toll/Contract Coating Services: Custom coating services where Rayven applies coatings (silicone, PSA, release, inkjet receptive) to customer-supplied or Rayven-sourced substrates. Three service configurations: toll coating with customer substrates, contract coating with customer coatings, or coating using all customer-supplied materials.
3. Converting Services: Slitting and sheeting services for films, papers, foils, and pressure-sensitive tapes. Includes coater roll packaging and slit roll packaging services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Rayven is a custom manufacturer of coated functional films, specialty tapes, release liners, and pressure sensitive adhesive products sold to industrial customers. The company also provides toll/contract coating services, slitting and sheeting converting, flexographic printing, and packaging services, operating coating lines up to 72 inches wide across facilities in St. Paul and Owatonna, Minnesota.

Product overview

Rayven is a custom manufacturer of specialty tapes, release liners, flexible packaging films, and pressure sensitive adhesive products, operating as part of Duraco Specialty Materials. The company's product portfolio centers on two main categories: (1) Flexible Packaging Films including Soft Touch Matte and Ultra-Soft Touch Matte Films used as protective laminates; and (2) Release Liners with various silicone chemistries and release values. Additional core products include Fiber Reinforced Finger Lift Tape, Bag Handle Reinforcement Tape, Transfer Tapes & Transfer Adhesives, Custom Self-Adhesive Tapes, Zone & Pattern Adhesives Coating, and Hot Melt Pressure Sensitive Adhesive. Supporting these products, Rayven offers value-added services including Converting Services (Sheeting, Slitting), Coater Roll Packaging, Flexographic Printing, and Toll/Contract Coating. The company operates coating facilities in St. Paul, Minnesota (headquarters) and Owatonna, Minnesota, and was acquired by Duraco Specialty Tapes LLC in December 2021.

Differentiator

Problem solved

Functional benefit

Products and services

• Soft Touch Matte & Ultra-Soft Touch Matte Film Soft touch matte films used as protective laminates in flexible packaging constructions for bags and pouches, providing tactile feel, scuff/scratch/burnishing resistance, and non-yellowing properties. Targets packaging manufacturers in flexible packaging market.
• Release Liners Custom silicone release liners with multiple release chemistries (thermal curing, UV curing, solvent, water, 100% solids) and release values from Premium (10-50g) to Extra Tight (200-400g). Available on film, paper, foil substrates for labels, construction, electronics, and graphics applications.
• Fiber Reinforced Finger Lift Tape High-performance hot melt tape with pressure-sensitive adhesive coated onto a PET release liner with a 92 gauge polyester filament in-laid to increase structural and tensile strength. Designed for direct-to-consumer packaging applications.
• Bag Handle Reinforcement Tape Durable anti-tear tapes for reinforcement of poly bags or other packaging forms, custom manufactured to meet package weight and handling requirements with pressure-sensitive adhesive matched to specifications.
• Transfer Tapes & Transfer Adhesives Custom transfer tapes and adhesives coated on one or two release liners, including emulsion acrylic, solvent acrylic, rubber, and hybrid systems. Popular types include Type 5000, Type 5015, and Type 5005.
• Custom Self-Adhesive Tapes Custom self-wound, liner-less tapes with pressure-sensitive adhesive on one side and silicone release coating on the other, using various film, lamination, and foam substrates with acrylic, rubber, or hybrid adhesives.
• Zone & Pattern Adhesives Coating Coatings or pressure sensitive adhesives applied in zones, patterns, or stripes down the film on foam, non-woven, or paper substrates through various zone coating techniques, including pattern coating with engraved gravure cylinders.
• Hot Melt Pressure Sensitive Adhesive Innovative hot-melt adhesives applied via roll coating, slot-die, bead, multi-bead, or swirl coating methods, suitable for various substrates including low surface energy and PVC films.
• Converting Services (Sheeting, Slitting) Complete converting services including slitting and sheeting for films, papers, foils, and pressure-sensitive tapes and laminations with thicknesses from 0.50 MIL to 30 MIL. Slitting down to 1/4 inch width.
• Coater Roll Packaging, Slit Roll Packaging Complete coating and shipping solutions including coater roll packaging (protective stretch wrap, endplates, strapping) and slit roll packaging (corrugated flats, labeling, bar-coding, shrink wrapping, retail packaging).
• Flexographic Printing In-line corona treating and single-color flexographic printing for custom printed release liners, with capability to print on backside or front side under the silicone.
• Toll Coating / Contract Coating Custom coating services to customer specifications using standard surface, adhesive, silicone, or release coatings on customer-supplied substrates such as film, paper, foil, fabric, or wood veneer. Three service configurations: toll coating with customer substrates, contract coating with customer coatings, or full customer-supplied materials.

Quantifiable outcome

• Release values from 10-50g (Premium) to 200-400g (Extra Tight)
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor.

• Filmquest GroupminorStrategic or Co-development PartnerPart of Duraco FlexPack business unit combining Filmquest (Questar PET films, metalized PET films, lidding films, Soft Touch films) with Rayven. Filmquest is the largest merchant converter of polyester films in the USA.
• Infinity TapesminorStrategic or Co-development PartnerUS manufacturer of Double Coated Tapes, Adhesive Transfer Tapes, Tamper Evident Films & Tapes, and Silicone Coated Papers & films. Part of Duraco Specialty Materials portfolio.
• 3 SigmaminorStrategic or Co-development PartnerVersatile manufacturer in pressure sensitive adhesives industry offering hot-melt, emulsion, and solvent-based adhesive technologies under one roof. Part of Duraco Laminated Solutions.
• Strata-TacminorStrategic or Co-development PartnerLeading manufacturer of pressure sensitive self-adhesive products and top coated films. Acquired by Duraco in May 2023. Part of Duraco Laminated Solutions. Specializes in water-based chemistries.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Adchem Corporation: Custom coater and converter of pressure-sensitive adhesive tapes, films, and release liners; comparable in scale and product mix, serving industrial, medical, and graphics markets with custom coating services analogous to Rayven's toll coating model.
• Scapa: Specialty manufacturer of adhesive tapes and films for industrial, healthcare, and electronics markets; comparable custom coating capability and end-market exposure, particularly in transfer tapes and engineered release liners.
• Strata-Tac (Duraco Laminated Solutions): Sister company within Duraco Specialty Materials, specializing in water-based PSA chemistry and top-coated films; the closest internal peer given shared ownership, similar coating capability, and direct end-market overlap in labels and laminations.
• Mactac (LINTEC Corporation): LINTEC's US subsidiary is a direct peer in pressure-sensitive adhesive films, tapes, and release liners, serving similar flexible packaging, label, and industrial tape customers with overlapping coating and converting capabilities.

Broad incumbents

• Essentra plc: UK-based specialty components supplier of tapes, labels, and packaging products; historically Duraco's parent (carved out by OpenGate Capital in 2019), making it a particularly relevant benchmark for Rayven's product portfolio and customer overlap.
• Avery Dennison: Global leader in pressure-sensitive label materials, tapes, and release liners; competes across Rayven's primary end markets (labels, flexible packaging, industrial tapes) at substantially greater scale and with broader geographic reach.
• Saint-Gobain Tape Solutions: Division of Saint-Gobain producing specialty adhesive tapes including transfer tapes and release liners for industrial applications; comparable chemistry capabilities but a much larger corporate parent and global footprint.
• Lintec Corporation: Japanese-headquartered manufacturer of PSA products, labels, and release liners with global scale; offers a broader product portfolio but overlaps directly with Rayven's release liner and PSA tape offerings.
• Bostik (Arkema): Specialty adhesives division of Arkema producing pressure-sensitive adhesives and hot-melt systems; competes with Rayven in PSA chemistries and serves overlapping packaging, tape, and industrial customers globally.
• 3M Industrial Adhesives & Tapes: Diversified industrial giant with a substantial specialty tapes and adhesives division; competes with Rayven across industrial tapes, transfer tapes, and release liners, though its portfolio spans thousands of unrelated product categories.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/rayvenincorp
• Facebookfacebook.com/RayvenLLC
• LinkedInlinkedin.com/company/rayven-inc.
• Instagraminstagram.com/rayvenllc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rayven